What Mistakes Do Bad Investors Make?

Whether you’ve been investing for decades or just starting out, there are things you shouldn’t do if you want to be successful. Let’s take a look at the mistakes you’ll commonly find the worst investors making.

 

Show Notes and Additional Resources: https://thefinancialanswer.com/podcasts/what-mistakes-do-bad-investors-make/ 

 

On This Episode: 

1:59 – In the News: What do you think about Elizabeth Warren’s billion dollar tax plan?

6:35 – Confidence Corner time

7:20 – Let’s talk about the worst investors starting with trying to get rich quick.  

9:17 – Operating without a cohesive plan leads to bad investing.  

11:16 – Following the herd mentality rather than thinking independently.

13:09 – A lot of times bad investors focus on the short term rather than long term.

14:26 – Focusing on the areas you CAN’T control.